Average Hourly Earnings of All Employees: Construction in Florida
Annual
SMU12000002000000003A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.53
Year-over-Year Change
49.43%
Date Range
1/1/2007 - 1/1/2024
Summary
The Annual series measures the annual average of total civilian employment in the United States. This key economic indicator provides insights into the overall health and performance of the U.S. labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual series is a widely followed metric that tracks the total number of employed civilians in the U.S. population on an annual basis. It is a critical measure of economic activity and labor force participation, and is closely monitored by policymakers, economists, and market analysts.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is a key input for assessing the strength of the overall economy and informing fiscal and monetary policy decisions.
Key Facts
- The Annual series tracks total U.S. civilian employment.
- Annual employment data is a critical economic indicator.
- The data is collected through household surveys by the BLS.
FAQs
Q: What does this economic trend measure?
A: The Annual series measures the annual average of total civilian employment in the United States. It provides insights into the overall health and performance of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a key indicator of economic activity and labor force participation, and is closely monitored by policymakers, economists, and market analysts to assess the strength of the overall economy.
Q: How is this data collected or calculated?
A: The data for the Annual series is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is a critical input for assessing the strength of the overall economy and informing fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Annual employment data is published with a brief delay, but it provides a comprehensive overview of the U.S. labor market over the course of a year.
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Citation
U.S. Federal Reserve, Annual (SMU12000002000000003A), retrieved from FRED.